About 1.2 million Georgian resident visitors made 1.36 million visits within the country per month in 2022, the latest domestic tourism survey published by the National Statistics Office of Georgia showed on March 16. The office said the number of visitors aged 15 and above decreased by 3.3% YoY. Figures also showed last year’s monthly…
On March 14, the Ukrainian Finance Ministry raised UAH 2.7 billion in the state budget from the sale of domestic government bonds. The relevant statement was made by the Ukrainian Finance Ministry on Facebook. In particular, the Ukrainian Finance Ministry offered investors hryvnia-denominated bonds with a maturity period of one year at the rate of…
Prices of consumer goods and services (Consumer Price Index, CPI) increased by 18.4% YoY and by 1.2% MoM in February, the Central Statistical Office (GUS) reported on March 15. Economists polled by PAP Business estimated that February’s CPI would reach 18.7% YoY and would decrease by 0.9% MM. In January, the prices of consumer goods…
Adam Glapinski, governor of the National Bank of Poland (NBP), has assessed that amid inflation forecasts it has become unlikely that the Monetary Policy Council (RPP), NBP’s rate-setting body, will increase interest rates. “Taking into account the results of the inflation projection, one might say that further hikes are becoming increasingly less likely,” Glapinski wrote…
The downward trend of inflation in the Georgian economy will continue in case of absence of further shocks, Archil Mestvirishvili, the Vice President of the National Bank of Georgia, has said. Mestvirishvili said the domestic economy passed the peak of inflation in 2021, noting expectations were influenced by exchange rate and inflation dynamics. “Higher salary…
Ukrainian agricultural producers need about UAH 40 billion to carry out the spring sowing campaign. The relevant statement was made by Deputy Chairman of the Ukrainian Agrarian Council Denys Marchuk. Marchuk mentioned that Ukrainian farmers would need significant financing, i.e. about UAH 40 billion, to carry out the spring sowing campaign. Thus, it is important…
Small and medium enterprises in the Republic of Moldova will have access to a low-interest credit fund, supported by the state. The regulation on the activity of the Fund for Entrepreneurship and Economic Growth of Moldova (FACEM) was published on March 14 in the Official Journal. Through this new program, businesses in strategic and priority…